Investors looking for a contrarian play might want to look at infrastructure stocks, the companies that build highways and bridges. Funds are running out for highway and rail projects, and The Highway Trust Fund may run out of money next year.
Ten publicly traded infrastructure stocks can be found on the free list of infrastructure stocks recently published on WallStreetNewsNetwork.com. These companies include the suppliers, the contractors, and the consultants.
As an example, URS Corporation (URS) provides consulting, engineering, and construction services for surface, air, and rail transportation networks, ports and harbors, and water supply and water treatment systems. The stock has a price to earnings ratio of 13.6, a forward PE of 12.5, with a 1.9% yield.
Granite Construction (GVA) is a heavy civil contractor and construction materials producer. It improves and constructs highways, roads, bridges, and other infrastructure projects. The stock trades at 15 times earnings, and provides investors with a yield of 1.3%.
To see other top infrastructure stocks, access the free list at WallStreetNewsNetwork.com, which can be downloaded, updated, and sorted.
Author does not own any of the above.